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Odds 'n Sods:
From Cheryl N.: Dow
is Heading for 10,000 "The markets can't seem to get that the U.S.
is in recession, says Kirby Daley, strategist at the Newedge Group. But a
downward
movement is inevitable. He
tells CNBC's Martin Soong and Amanda Drury to expect a 15% to 20% drop on
the Dow in the near future."
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David in Israel recommends The
Pocket Chainsaw. "It is the smart answer to the flimsy wire saws found
in many survival kits. This tool packed in a can the size of a roll of electrical
tape is a 28 inch linked saw which when used with included plastic handles
or looped to a bow of wood makes your light back country woodcutting a snap.
I have been rough with this saw but I have kept it clean, sharp, and oiled,
it has never let me down after over ten years of use several times a year."
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Matt in Texas flagged this commentary from real estate and banking guru Mike
Morgan: The
World’s
Grandest Ponzi Scheme Unravels
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Reader JT forwarded this: Companies
Tap Pension Plans To Fund Executive Benefits
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Also from Cheryl N.: Hundreds of banks will fail, Roubini tells Barron's
